Business highlights

Following are the top business stories at 2040 hours: DCM48 BIZ-LD ADANI-ENTERPRISES Adani Enterprises net more than doubles to Rs 722.5 cr New Delhi: Adani Enterprises Ltd, the flagship company of billionaire Gautam Adani's ports-to-energy group, on Thursday reported more than doubling of net profit in the March quarter on the back of healthy growth in airports and road businesses.

DEL73 BIZ-LD STOCKS Markets rebound; Sensex, Nifty climb nearly 1 pc Mumbai: Equity benchmark indices ended nearly 1 per cent higher on Thursday amid continuous foreign fund inflows and buying in index majors HDFC twins and Reliance Industries.

DEL61 BIZ-RUPEE-CLOSE Rupee gains 2 paise to close at 81.78 against US dollar Mumbai: The rupee edged up by 2 paise to settle at 81.78 (provisional) against the US dollar in a range-bound trade on Thursday, tracking the weakness of the American currency in the overseas market.

DEL108 BIZ-GO FIRST-LD NCLT NCLT reserves order on Go First's plea for insolvency proceedings; lessors oppose petition New Delhi: The National Company Law Tribunal (NCLT) on Thursday reserved its order on crisis-hit airline Go First's plea seeking voluntary insolvency resolution proceedings and interim moratorium on financial obligations while aircraft lessors vehemently opposed the petition.

DEL58 BIZ-MOTHER DAIRY-COOKING OIL Mother Dairy cuts MRP of Dhara cooking oils by Rs 15-20 per litre; stocks to hit mkt next week New Delhi: Mother Dairy has cut maximum retail prices (MRP) of its edible oils, sold under Dhara brand, by Rs 15-20 per litre with immediate effect in line with the reduction in global prices.

DEL33 AVI-GO FIRST-LD DGCA Go First suspends sale of tickets till May 15; DGCA asks airline to process refunds for passengers New Delhi: Crisis-hit airline Go First has suspended sale of tickets till May 15 and is working to refund or reschedule existing bookings for future dates, aviation regulator DGCA said on Thursday.

DCM90 BIZ-RESULTS-LD-HDFC HDFC Q4 net rises 20%, expects merger with HDFC Bank to be over by July Mumbai: Mortgage major HDFC on Thursday reported a 20 per cent increase in its profit after tax for the January-March quarter at Rs 4,425 crore. DEL75 BIZ-GOLD-PRICE Gold rallies Rs 940 to record high of Rs 62,020; silver zooms Rs 660 New Delhi: Gold prices rallied Rs 940 to a lifetime high of Rs 62,020 per 10 grams in the national capital on Thursday amid strong global trends, according to HDFC Securities.